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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Feb. 28, 2025
Aug. 31, 2024
Feb. 29, 2024
Aug. 31, 2023
Feb. 28, 2025
Feb. 29, 2024
May 31, 2024
Cash Flows from Operating Activities:              
Net income $ 965,665 $ 335,454 $ 297,929 $ 1,744,219 $ 1,096,405 $ 3,006,974  
Adjustments to reconcile net income to net cash provided by (used in) operating activities -              
Gain on involuntary conversion (see Note 4)         (741,821) 0  
Loss on disposition of assets         (0) (12,649)  
Depreciation and amortization         4,450,981 4,319,390  
Change in deferred taxes         89,716 1,623,721  
Decrease in trade accounts receivable         (289,610) (1,118,542)  
Increase (Decrease) in other accounts receivable         (2,107,108) 939,877  
Decrease in related parties receivable         (537,423) (68,652)  
Increase in inventory         681,914 1,481,352  
Decrease in prepaid expenses         (346,905) (350,994)  
Increase in accounts payable and accrued expenses         2,204,637 761,654  
Increase (Decrease) in deferred revenue         (817,981) 545,292  
Net cash provided by operating activities         7,897,021 9,272,967  
Cash Flows from Investing Activities:              
Purchase of property, plant and equipment         (5,063,300) (2,040,776)  
Cash Flows from Financing Activities:              
Principal payments on long-term debt and financing leases         (1,810,343) (1,668,123)  
Principal payments on revolving loan         0 (1,500,000)  
Payments for retirement of preferred stock         (2,100,000) 0  
Repurchase of common stock         (546,035) 0  
Payments for debt issue costs         0 (13,085)  
Dividends paid on preferred stock         (378,938) (427,085)  
Net cash used in financing activities         (4,835,316) (3,608,293)  
Net Increase (Decrease) in Cash         (2,001,595) 3,623,898  
Cash, beginning of period   $ 5,798,641   $ 695,951 5,798,641 695,951 $ 695,951
Cash, end of period $ 3,797,046   $ 4,319,849   3,797,046 4,319,849 $ 5,798,641
Non-cash Activities              
Net book value of leases terminated         0 27,903  
Equipment in Accounts Payable         108,985 0  
Decrease in financing lease liabilities from termination         0 15,254  
Preferred dividend accrual         25,525 146,473  
Net book value of leases terminated         0 27,903  
Supplemental Information              
Interest paid         $ 804,097 $ 990,877